17,484 Shares in Johnson Controls International plc (NYSE:JCI) Purchased by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments bought a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 17,484 shares of the company's stock, valued at approximately $1,384,000.

A number of other institutional investors and hedge funds have also bought and sold shares of JCI. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International during the 4th quarter valued at $26,000. SBI Securities Co. Ltd. bought a new position in shares of Johnson Controls International during the 4th quarter worth approximately $29,000. Synergy Asset Management LLC bought a new position in Johnson Controls International in the 4th quarter valued at $42,000. Crowley Wealth Management Inc. bought a new stake in Johnson Controls International in the fourth quarter worth about $42,000. Finally, ST Germain D J Co. Inc. lifted its stake in Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after purchasing an additional 134 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Trading Up 1.0 %

NYSE JCI traded up $0.87 during trading hours on Wednesday, reaching $89.68. The company had a trading volume of 7,014,505 shares, compared to its average volume of 4,377,365. Johnson Controls International plc has a 1-year low of $64.19 and a 1-year high of $91.14. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The stock has a 50-day moving average of $80.23 and a 200 day moving average of $81.36. The stock has a market capitalization of $59.20 billion, a P/E ratio of 34.23, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The company had revenue of $5.68 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the business earned $0.78 EPS. Johnson Controls International's revenue was up 1.4% on a year-over-year basis. As a group, research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.65%. The ex-dividend date was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Insider Transactions at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares in the company, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the transaction, the vice president now directly owns 145,502 shares of the company's stock, valued at $11,599,419.44. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 907,287 shares of company stock worth $77,953,036 over the last ninety days. 0.54% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on JCI. Citigroup cut their price objective on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Melius lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price for the company. in a report on Tuesday, January 28th. JPMorgan Chase & Co. cut their price target on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Melius Research restated a "hold" rating and set a $95.00 price target on shares of Johnson Controls International in a research report on Tuesday, January 28th. Finally, Royal Bank of Canada lifted their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $90.07.

Johnson Controls International Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.